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AVON Avon Protection Plc

1,200.00
32.00 (2.74%)
Last Updated: 14:24:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Avon Protection Plc LSE:AVON London Ordinary Share GB0000667013 ORD #1
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  32.00 2.74% 1,200.00 1,192.00 1,200.00 1,210.00 1,170.00 1,170.00 24,157 14:24:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Rubber,plastics Hose & Belts 280.5M -14.4M -0.4642 -25.85 372.28M

Avon Rubber PLC Award of US JE-RDAP CBRNe framework contract (8215V)

08/11/2017 7:00am

UK Regulatory


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TIDMAVON

RNS Number : 8215V

Avon Rubber PLC

08 November 2017

8 November 2017

Avon Rubber p.l.c. ("Avon" or the "Group")

Award of US JE-RDAP CBRNe framework contract

Avon Rubber p.l.c. is pleased to announce that it has received confirmation from the US Department of Defense of the Group's participation under the Joint Enterprise - Research, Development, Acquisition and Production/Procurement contract vehicle ("JE-RDAP").

The JE-RDAP is an $8.2bn, 10 year multiple award framework contract which establishes a group of qualified contractors to compete for orders in relation to Chemical, Biological, Radiological, Nuclear and Enhanced Conventional Weapons ("CBRNe") Defense systems, equipment and material.

The JE-RDAP framework is important to Avon as it is the procurement structure under which two CBRNe programmes, the M53A1 respirator and the M69 aircrew mask system will be purchased. These programmes are potentially significant to the Group in the medium term and, having secured participation under JE-RDAP, initial task orders are expected to be received during the course of 2018.

Avon will make further announcements when the follow on task orders are received.

For further enquiries, please contact:

 
 Avon Rubber p.l.c.                01225 896400 
 Paul McDonald, Chief Executive 
  Officer 
 Nick Keveth, Chief Financial 
  Officer 
 
 Weber Shandwick Financial 
                                   020 7067 
 Nick Oborne / Tom Jenkins          0700 
 

Legal Entity Identifier: 213800JM1AN62REBWA71

Classification: Inside information under article 17 of the Market Abuse Regulation.

Note to editors: Avon Rubber p.l.c. is an innovative design and engineering group, specialising in two core markets, Protection and Dairy. Avon Protection is the recognised global leader in advanced Chemical, Biological, Radiological and Nuclear ("CBRN") respiratory protection systems for the world's military, homeland security, first responder and fire markets. Through its milkrite | InterPuls brand Avon's market leading Dairy business provides complete milking point solutions to customers across the world.

For further information, please visit the Group's website: www.avon-rubber.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCEALFXEAFXFFF

(END) Dow Jones Newswires

November 08, 2017 02:00 ET (07:00 GMT)

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